Silver and gold nisab · five currencies · private in your browser
Zakat calculator 2026
Zakat is 2.5 percent of net zakatable wealth held for a lunar year, due when that wealth is at or above the nisab. On November 7, 2026 the National Zakat Foundation put the silver nisab at £688.91 and the gold nisab at £7,714.16. At Kitco spot prices from November 5, 2026, the silver nisab is about $1,019 and the gold nisab about $11,496. This zakat calculator uses the silver nisab by default, fills in those dated prices on request and works in USD, GBP, PKR, AED or INR.
Your estimate
Count what you own. Deduct what is due.
Blank fields count as zero. Results update as you type. Press "Fill in USD reference prices" in section 01 if you do not have a price to hand, then replace it with a current one before paying.
How this zakat calculator works
The calculator follows the own-and-owe method set out by the National Zakat Foundation (NZF) in the UK and by Islamic Relief: total what you own on your zakat date, take off what you owe, compare the result with the nisab, and pay 2.5 percent if you are at or above it.
Net zakatable wealth = zakatable assets − debts due within 12 months
Nisab = 612.36 g × silver price per gram (or 87.48 g × 24K gold price per gram)
Zakat = net zakatable wealth × 2.5% if net ≥ nisab, otherwise 0
- Nisab weights: 87.48 g of gold and 612.36 g of silver, the figures used by Islamic Relief Canada and NZF. Islamic Relief Australia uses 85 g and 595 g; you can switch to those under Nisab weights in section 01.
- Silver or gold: the silver nisab is selected by default because NZF and Islamic Relief recommend it. NZF says it is "safer and more beneficial for the recipients of Zakat". Islamic Relief Canada notes that the Hanafi school uses silver and the other schools use gold, and that the gold nisab applies when gold is your only asset. The calculator tells you when that case applies, and when a gold basis gives zero but silver would not.
- The boundary: zakat is due when net wealth is equal to or above the nisab, compared to the cent.
- Year: a hawl is a lunar year of 354 days according to Islamic Relief Canada. NZF reports that the AAOIFI Sharia Standards allow a solar year with a rate of 2.577 percent instead (NZF on the solar year); NZF advises the lunar calendar. The arithmetic: 2.5 × 365.25 ÷ 354.37 = 2.577.
- Negative net wealth: if deductible debts are larger than your assets, net wealth is shown as a negative number and zakat is 0.
- Gold purity: each gold row uses its own price per gram, so 22K and 18K gold are valued at the prices you enter, not at the 24K price. A direct value entered on a row replaces weight × price for that row.
- Prices: no price is built into the calculation. The reference button fills in dated USD or GBP prices from the table, which you should replace with a current price.
Scholarly sources named on this page: the National Zakat Foundation Knowledge Bank, Islamic Relief Canada, Islamic Relief Australia, and the AAOIFI Sharia Standards as reported by NZF. FintechZoom is not a religious authority and did not issue any of these opinions.
Worked example
A household calculates zakat in US dollars on the silver nisab and a lunar year, using the USD reference prices in the table (Kitco spot, November 5, 2026). The silver nisab is 612.36 × 1.6647 = $1,019.40.
| Item | Entered | Counted |
|---|---|---|
| Cash and bank | $5,000 | $5,000.00 |
| 24K gold | 50 g at $131.41 | $6,570.50 |
| Shares bought to sell | $12,000 | $12,000.00 |
| Cryptocurrency | $1,500 | $1,500.00 |
| Defined contribution pension | $20,000 at 25 percent | $5,000.00 |
| Bills due | $1,500 | −$1,500.00 |
| 12 months of loan instalments | $3,600 | −$3,600.00 |
| Net zakatable wealth | $24,970.50 |
Net wealth of $24,970.50 is above the silver nisab of $1,019.40 and also above the gold nisab of $11,495.75, so zakat is due on either basis: $24,970.50 × 2.5% = $624.26. With the solar-year option the figure is $24,970.50 × 2.577% = $643.49. Enter the same figures in the calculator to see the result.
What each section means
- 01 Currency, year and nisab: all amounts use the currency you pick. The silver and 24K gold prices per gram set the two nisab values.
- 02 Gold and silver: weight in grams and the price per gram for that purity, or a direct value from a jeweller or dealer.
- 03 Cash: cash at home and balances in current, savings and term accounts on your zakat date.
- 04 Receivables: money owed to you that you expect to be repaid.
- 05 Investments: shares, funds, securities and crypto. Shares bought to sell count at full market value; for long-term holdings enter the zakatable portion.
- 06 Pensions: defined contribution pots you own, multiplied by the zakatable portion (25 percent by default, from NZF).
- 07 Property and business: stock, property bought to resell and business cash. Your home and long-term rental property are not entered; rent you still hold as cash is.
- 08 Liabilities: debts due within 12 months and up to 12 months of loan instalments.
Limitations
- The reference prices are snapshots dated November 5 and 7, 2026. There is no live feed.
- It does not track your hawl date or work out missed years. Islamic Relief Australia says to pay 2.5 percent of the wealth held at the end of each missed year, estimated as well as you can.
- It does not split share portfolios into zakatable and non-zakatable company assets; you enter that figure.
- It does not convert between currencies.
- Rulings differ between schools and scholars, especially on jewellery, receivables and long-term investments.
Zakat calculator FAQs
What is the nisab for zakat in November 2026?
The National Zakat Foundation showed a silver nisab of 688.91 pounds and a gold nisab of 7,714.16 pounds when we read its daily page on November 7, 2026. In US dollars, 612.36 grams of silver at the Kitco spot price of 51.778 dollars an ounce on November 5, 2026 comes to about 1,019 dollars, and 87.48 grams of gold at 4,087.26 dollars an ounce comes to about 11,496 dollars. Metal prices change every trading day, so check a current price before you pay.
Should I use the gold or silver nisab?
The National Zakat Foundation and Islamic Relief both recommend the silver nisab. It is the lower threshold, so more people pay and recipients receive more, and it is the Hanafi position; Islamic Relief Canada notes that the other schools use gold. Both say that if your only zakatable asset is gold, the gold nisab applies. This calculator opens on silver and warns you when the choice changes the result.
How do I calculate zakat?
Add up the zakatable assets you own on your zakat date: cash, bank balances, gold and silver, shares and funds, crypto, the zakatable part of a pension, business stock and money owed to you that you expect to recover. Subtract debts due within the next 12 months. If what is left is equal to or more than the nisab, zakat is 2.5 percent of it. If it is below the nisab, no zakat is due.
Is zakat 2.5 or 2.577 percent?
The rate is 2.5 percent for a lunar year of about 354 days. The National Zakat Foundation reports that the AAOIFI Sharia Standards allow a solar year, in which case zakat is 2.577 percent to cover the extra days. The foundation itself advises the lunar calendar. Choose Solar year in section 01 if you calculate zakat on a Gregorian date each year.
Is zakat due on gold jewellery?
Islamic Relief Australia says zakat is due on any jewellery containing gold or silver and that gemstones such as diamonds are not counted. Schools of Islamic law differ on jewellery worn for personal use, so ask a scholar you trust which view to follow. Enter the gold weight and the price per gram for its purity, or a direct value from a jeweller.
How is zakat calculated on shares and pensions?
Shares bought to sell are counted at full market value. For long-term holdings and pension funds the National Zakat Foundation counts only the zakatable assets inside the fund. For a defined contribution pension it gives a rule of thumb of 25 percent of the fund value, so a 10,000 pound pot gives zakat of 62.50 pounds. It says zakat is not due on defined benefit schemes until they pay out.
Do I pay zakat on crypto?
The National Zakat Foundation says coins held as a store of value, such as Bitcoin, are treated like cash, and any coin or token bought to resell is always zakatable. Use the market value in your own currency on your zakat date. Enter it in the cryptocurrency line in section 05.
Which debts can I deduct?
Islamic Relief Australia allows debts you must pay within 12 months, plus up to 12 months of instalments on a longer loan such as a mortgage. The full outstanding mortgage is not deducted, and interest cannot be deducted. Enter only these amounts in section 08.
Why are the metal prices not live?
The calculator does not use a price feed. It stores dated reference prices for US dollars and pounds that you can fill in with one click, and you can type your own local price in any of the five currencies. A dated figure that you can check is easier to verify than a number that changes without explanation, but it goes out of date, so update it on the day you pay.
How we check this calculator
On November 7, 2026 we read the calculator code and ran six reference cases from an independent Python model on the live page: cash only, mixed assets with debts on both nisab bases, wealth between the two nisab values, debts larger than assets, and net wealth exactly at the nisab. The previous version passed all six. We also found that it read a minus sign as a positive number (−500 counted as 500), described the nisab weights as configurable when they were fixed, gave no default price and no recommended basis. The new version fixes these, and the same six cases plus the solar-year case pass to the cent. We check the reference prices against NZF and Kitco when we revise the page.
Revision history: November 7, 2026, added dated reference prices, silver nisab as the default, solar-year option, pension and crypto lines, five currencies, input validation, worked example, sources and FAQ; previous edition September 22, 2026.
Related: gold price today, silver price, cryptocurrency prices, crypto profit calculator, pension calculator, SIP calculator, inflation calculator, all calculators.
Sources: NZF, nisab values; NZF, zakat calculator; NZF, can a solar year be used; NZF, zakat on pensions; NZF, zakat on cryptocurrencies; Islamic Relief Canada, nisab; Islamic Relief Australia, zakat calculator; Kitco PM Report, November 5, 2026; NIST, precious metals conversion factors.
This calculator gives an estimate for religious planning from the figures you enter. It is not a fatwa, and FintechZoom is not a religious authority; follow the guidance of a qualified scholar or zakat organisation. It is not tax, legal or investment advice. See our disclaimer.
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